MTV Buys IFilm

Posted on October 18, 2005 

MTV Buys IFilm

MTV Networks has acquired Internet video company IFilm Corp. for $49 million.

IFilm, which aggregates and distributes online video featuring programming from Hollywood studios and amateur filmmakers, claims to have the largest library of short-form entertainment video on the Web. The purchase is part of MTV’s strategy of delivering programming to all medium, on and off the Web.

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